Small Business Taxes & Management


2020 Individual Tax Return Checklist


Small Business Taxes & ManagementTM--Copyright 2020, A/N Group, Inc.


We've developed a checklist (for 2019 returns) you can use if you're preparing your own return, reviewing your return, getting ready to see your tax preparer or if you're a tax professional. It's not a primer, but a list of items to check when preparing a return along with links to IRS forms and publications. We've tried to keep it short, so there's generally no explanation. For example, one of the items in "Issues to Check and Special Situations" is Member of Armed Forces. There are several special benefits and rules related to servicemen and women. We suggest you check the instructions for the form (1040 in this case), IRS Publication 17, and any special IRS Publication. We've included a condensed list of Forms and Instructions and IRS Publications on our web site. We strongly suggest you use commercial software (there are a number of choices, all relatively inexpensive) to do the return, if you're going it alone. And don't override entries. Entering your child's birthday correctly may mean the difference between the software taking a child credit, or not. Same for the child and dependent care credit. Similarly, checking or not checking a box can have important consequences. And a response in one spot may carry through to a number of other forms, including your state return. Finally, we've got additional checklists and worksheets at Checklists and Worksheets.


Basic Documents You Need

___ 2018 tax return (for reference)
___ W-2s
___ 1099-MISC
___ 1099-R
___ 1099-INT and 1099-DIV for interest and dividends
___ 1095-A Health Insurance Marketplace Statement (if applicable)
___ Brokerage statements (substitute 1099-B)
___ K-1s from S corporations, partnerships, LLCs
___ 1098 reporting mortgage interest
___ SSA-1099 Social Security or (Railroad Retirement benefits) including Medicare B and D premiums
___ 1099G, W-2G
___ Real estate tax bills
___ Personal property tax bills
___ Purchase and sale agreements for real property
___ Refinancing statements
___ List of other 1098, 1099 and related forms

Issues to Check and Special Situations

___ Check social security numbers, address, etc.
___ Dependent changes--births, deaths, etc. rules on dependents
___ Birth dates of taxpayers and dependents
___ Telephone numbers
___ Dependent information including social security no., months lived with taxpayer, child care expense
___ Change in marital status
___ Taxpayer or spouse disabled in 2019 (caution; doctor's statement required)
___ Death of taxpayer or spouse
___ Noncustodial parent (Form 8332)
___ Dependents not U.S. citizens or residents
___ Adoption expenses (Form 8839)
___ Changes to Federal or state prior year tax returns
___ Member of Armed Forces
___ Changes to prior year returns that require filing amended return
___ Foreign financial accounts (including accounts where you have just signature authority)
___ Reporting of specified foreign assets (Form 8938)
___ Grantor or transferor of foreign trust
___ Gifts over $15,000 or gift to trust (gift tax return may be due)
___ Gift return for gift splitting with spouse
___ Gifts to/from foreign individuals
___ Reporting of income and deductions in respect of decedent
___ Pay made to an individual for domestic services (Schedule H)
___ Employer stock bonus plan
___ Start a business or buy an interest in partnership, LLC or S corporation?
___ Qualified business income deduction, 20%
___ Live in a federally declared disaster area?
___ Purchase a rental property or rent out owned property for first time?
___ Vacation home purchase?
___ Engage in a like-kind exchange of property (Form 8824)
___ Sell property (real or personal) using installment sale (Form 6252)
___ Provide over half support for another person? (Check the rules for older dependents)
___ Rollover of IRA distributions
___ Distributions from IRAs, other qualified plans before age 59-1/2
___ Tip income not reported to employer
___ Casualty or theft losses deductible only related to federally declared disasters and business related
___ Non-business bad debts
___ Proceeds from Savings Bonds purchased after 1989 used for higher education expenses (Form 8815)
___ Moving expenses if in military
___ Paid alimony? Received alimony? (older divorces/separations)
___ Purchase fuels for non-highway use? (Form 4136)
___ Foreign earned income exclusion (Form 2555)
___ NOL (net operating loss) carryforward
___ Limit on losses from S corp., LLC, partnership, sole proprietorship
___ Qualified business income deduction ___ Dependent credit (no deduction) $2,000; under age 17 at end of 2019; $500 credit for other dependents
___ Farmer or fisherman income averaging
___ Loans to/from related party (including business entity)
___ Filing required in other than home state (rental property, partnership or S corporation, etc. in another state)
___ Repayment of First-Time Homebuyer Credit (Form 5405)
___ Health insurance coverage through government sponsored marketplace?
___ Form 8962 (Instructions), Premium Tax Credit (PTC); Health Insurance Marketplace; reconciliation


W-2 Information
___ Wages
___ Federal tax withheld
___ Social security and medicare wages and withholdings
___ Social security tips, allocated tips
___ Advance EIC payment
___ Nonqualified plans
___ Covered by pension plan?
___ State income different than federal
___ Box 12 amounts, codes
___ Box 14 amounts, codes
___ State and local withholdings
___ Disability withholdings
___ Employer provided dependent care
___ Excludable moving expenses (Armed Forces only)
___ State disability payments
___ Forfeiture of flexible spending account
___ Dependent care benefits

1099-R (Pub. 575 and Pub. 590-B)
___ Gross distribution
___ Taxable amount
___ Amount rolled over to traditional IRA
___ Amount rolled over to Roth IRA
___ Federal tax withheld
___ State tax withheld
___ State income exclusions
___ Capital gain included
___ Nontaxable contributions (Form 8606)
___ Net unrealized appreciation in employer securities
___ Distribution codes box 7
___ IRA/SEP/SIMPLE check box
___ Penalty for early distribution, age 59-1/2, 2-year rule SIMPLE (Form 5329); Exceptions Checklist
___ Tax on lump-sum distributions (Form 4972)
___ Excess contributions
___ Differences for state purposes
___ Distribution received as beneficiary
___ Public service employee
___ Payments made to ex-spouse under qualified domestic relations order (QDRO)

___ Interest income
___ Early withdrawal penalty
___ Savings bond or Treasury interest (generally nontaxable for state)
___ Investment expenses
___ Federal/state income tax withholding
___ Foreign tax paid, country, sources
___ Tax-exempt interest
___ Private activity bond interest
___ Tax-exempt interest attributable to state of residence
___ Nominee interest
___ Community property allocation
___ Compare interest to prior year; check for new accounts

Other Interest Data
___ Seller financed mortgage interest
___ Additional foreign tax credit information
___ Nominee interest
___ Amortizable bond premium
___ Original issue discount (OID)
___ Bond premium on Treasury obligations
___ Bond premium on tax-exempt bonds
___ Accrued interest adjustment
___ FACTA filing requirement (Form 8938 and instructions)
___ Check boxes Part III, Schedule B, if more than $1,500 interest or dividends, foreign account, involved in foreign trust, signatory authority over foreign account
___ Compare interest to prior years amounts and payers

1099-DIV (Pub. 550)
___ Total ordinary dividends
___ Qualified dividends, holding period
___ Total capital gain distributions
___ Unrecaptured Sec. 1250 gain
___ Nondividend distributions
___ Federal/state income tax withheld
___ Sec. 199A dividends qualified for 20% business income deduction
___ Foreign tax paid, amount of income, country source, type of income
___ Investment expenses
___ Cash/noncash liquidation distributions

Other Dividend Data
___ Percentage/amount from U.S. Treasury obligations (exempt for state purposes)
___ Collectibles (28%) gain
___ Dividends exempt from federal tax (state and local obligations)
___ Exempt dividends subject to alternative minimum tax
___ Dividends subject to alternative minimum tax (AMT)
___ Portion of dividend exempt from tax in state of residence
___ Nominee dividend
___ Restricted stock dividend
___ Compare dividends to prior year amounts and payers
___ Holding period on nondividend distributions
___ Community property allocations
___ FACTA filing requirement
___ Additional foreign tax credit information
___ Dividend reinvestment programs; amounts added to basis in stock

1099-B Proceeds from Broker and Barter Transactions (Schedule D;Form 8949 )
___ Date of sale or exchange
___ Stocks, bonds, etc. gross proceeds
___ Reported as gross proceeds or gross proceeds less commissions
___ Federal income tax withheld
___ Number of shares
___ Classes of stock
___ Description (security name)
___ Basis reported by broker
___ Basis reporting code
___ Basis for mutual fund shares; three methods
___ Profit or loss realized (closed futures or foreign currency contracts)
___ Aggregate profit or loss
___ Wash sale
___ Personal use property
___ Expired option purchased
___ Expired option granted
___ Worthless security
___ Nontaxable dividends; reinvested dividends; basis adjustments
___ Original issue discount; computations
___ Qualified small business stock (Sec. 1244) loss?
___ Gain on sale of small business stock (Sec. 1202) qualify for exclusion
___ Collectibles 28% gain
___ Sale of home where gain taxable; computing gain; carryover basis
___ Gain from Forms K-1 (partnerships, S corporation, estates, trusts), 2439, 4684, 4797, 6252, 6781, 8824
___ Sales of business property; Sec. 1231 5-year recapture; depreciation recapture; Form 4797
___ Different basis for regular, AMT, and state tax
___ Basis adjustments to reported amounts
___ Capital loss carryforward from prior year
___ Election to roll over gain on qualified small business stock
___ Forced or involuntary conversion of livestock
___ Like-kind and related party exchanges
___ Sale of bonds with market discount
___ Incentive stock options; alternative minimum tax
___ Nonqualified stock options
___ Employee stock purchase plan
___ Adjustment for contingent payment debt
___ Short sales? Date closed?

Additional Income
Other Income Items Checklist
___ Social Security and Railroad Retirement benefits, Form 1040, Line 5a (Pub. 915)
___ State and local tax refund, (but only if tax benefit received in prior year(s)) Schedule 1, line 1
___ Unemployment compensation, Schedule 1, line 7
___ Recovery of bad debts previously deducted
___ Bartering income not reported elsewhere
___ Canceled debt income
___ Distributions from HSA, Archer MSA, Medicare Choice MSA, excess contributions
___ Alimony
___ Jury duty income
___ Form 1099-MISC income, boxes 3 and 8
___ Unreported tips
___ Disability income
___ Rental income from personal property
___ Scholarship and fellowship income
___ Rebates of property taxes
___ Medical insurance recovery
___ Gambling income, lottery winnings
___ Election monitor
___ Executor fees
___ Alternative Trade Adjustment Assistance
___ Agriculture payments
___ Sec. 409A income (deferred compensation)
___ Recapture prior year tuition and fees deduction
___ Hobby income
___ Disaster relief payments
___ Damage or injury awards? For physical injury?
___ Rebates of amounts deducted in previous years
___ Net section 965 inclusion
___ Section 965(n) election, reduction of NOL
___ Section 951A share of GILTI, Form 8992
___ Child's income amount from Form 8814, line 12
___ Alaska Permanent Fund dividends
___ Recapture of chasritable contribution deduction if no exempt use
___ Income from foreign corporation, Form 5471

Adjustments to Income (Deductions from Adjusted Gross Income)

___ Self-employed health insurance
___ Contributions to deductible IRA (limits $6,000; $1000 catchup; qualified to deduct)(check limits with other plans)
___ Contributions to nondeductible IRA (not a deduction, but must be put on Form 8606)
___ Contributions to SIMPLE (self-employed)
___ Contributions to SEP (self-employed)
___ Contributions to Keogh, other qualified plan
___ Health Savings Account (Form 8889)
___ Interest on student loan
___ Medical Savings Account
___ Educator expenses
___ Business expenses of reservists, performing artists, fee-based government officials, Form 2106
___ Penalty on early withdrawal of savings
___ Tuition and fees deduction (Form 8917)
___ Other adjustments, see Checklist.

Itemized Deductions

Medical (Pub. 502)
___ Medicare B insurance premiums
___ Medicare D insurance premiums
___ Health insurance premiums
___ Long-term care insurance (deductible varies by age bracket)
___ Prescription medications
___ Prescription medical equipment and supplies
___ Qualified long-term care premiums
___ Self-employed health insurance premiums (not deductible on 1040)
___ Doctors out-of-pocket (co-pays, etc.)
___ Dentists out-of-pocket
___ Physical therapists
___ Eyeglasses and contact lenses and supplies
___ Hospital, clinic out-of-pocket
___ Ambulance fees and medical transportation
___ Miles driven for medical purposes
___ Lodging (see rules)
___ Modifications to residence for disabled person
___ Reduction for reimbursed amounts

___ State (and local) income taxes withheld
___ State (and local) estimated taxes paid (include 2018 refund applied to 2019)
___ State (and local) income taxes paid with 2018 return
___ Real estate taxes paid on principal residence (adjustment for business use; rental)
___ Real estate taxes paid on additional home personal purposes, vacation home (adjustment for rental portion)
___ Personal and excise property taxes (based on value)
___ Auto registration fees based on value of vehicle
___ Sales tax paid (if not deducting income taxes; table amount plus large purchases; actual amount)
___ Sales tax on vehicle, boat
___ Foreign taxes paid (if not taken as credit)
___ $10,000 limit for all taxes

Interest (Pub. 936)
___ Home mortgage interest for purchase of principal residence; $1 million debt cap ($750,000 for mortgages after 12/15/2017)
___ Home mortgage interest for purchase of second residence; definition of residence; boat; RV
___ Home loan for home improvements
___ Increase in debt on refinancing
___ Home equity loan no longer deductible
___ Points to purchase a home
___ Amortizable points on refinance of home loan or home equity loan
___ Seller financed mortgage (special information requirement)
___ Investment (margin) interest (Form 4952); carryforward; special election
___ Qualified mortgage insurance premiums
___ Allocation of interest, residence, business, investment, personal nondeductible
___ Loan to related party? Below market interest?

Gifts to Charity (Pub. 526)
___ Cash gifts (acknowledgment over $250; proof all amounts)
___ Noncash gifts
___ Noncash over $500 total (Form 8283)
___ Qualified charity check entity IRS List of Exempt Organizations
___ Carryover from prior year
___ Mileage driven for charity
___ Parking fees, tolls, local transportation, uniforms, other out-of-pocket
___ Reduction for amount received from charity; dinners; tickets
___ Auto contributed (Pub. 4303)
___ Contributions of property $5000; groups of similar property; qualified appraisal requirement
___ Pass-through contributions from a business such as S corporation, partnership, sole proprietorship.

Casualty Losses (Pub. 584)
Casualty losses, except in a presidentially declared disaster area are generally no longer deductible. We have left the references because they still apply to income producing property.
___ Definition of casualty loss
___ Special rules for losses in federal disaster areas
___ Safe harbor loss computation Rev. Proc. 2018-08 Rev. Proc. 2018-09
___ Form Form 4684)

Miscellaneous Deductions (Pub. 529)

2-Percent Floor
These expenses are no longer deductible.

No 2-Percent Floor (still deductible)
___ Additional Item--Checklist
___ Amortizable premium on taxable bonds
___ Casualty/theft losses on income producing property
___ Federal estate tax on income in respect of decedent
___ Gambling losses up to amount of winnings
___ Disability related work expenses
___ Repayments of more than $3,000 under a claim of right
___ Unrecovered investment in a pension
___ Portfolio income related deductions (from K-1) ___ Federal estate tax from Schedule K-1
___ Ordinary loss from contingent payment debt instrument or inflation-indexed debt instrument

Schedule C

Schedule C
___ Qualified business income deduction
___ Ownership-taxpayer or spouse
___ Employer ID
___ Business code
___ Business address
___ Started in current year
___ Accounting method
___ Required 1099s filed
___ Material participation, at risk
___ Qualified disaster area
___ Sales (before/after sales tax)
___ Canceled debt on Form 1099-C
___ Gross receipts/1099-MISC/1099-K/statutory employee
___ Inventory withdrawn for personal use
___ Purchases, labor costs, materials and supplies, other costs
___ Advertising
___ Car and truck expenses/Form 4562/recordkeeping questions
___ Commissions and fees
___ Contract labor
___ Depreciation, Sec. 179 deduction, equipment purchases See Depreciation
___ Employee benefit programs
___ Dependent care benefits
___ Insurance (not health)
___ Pension and profit-sharing plans (not for owner)
___ Mortgage interest
___ Interest
___ Legal and professional
___ Office expenses (include bank charges, postage, cleaning, etc.)
___ Rent or lease-machinery and equipment
___ Rent or lease-other property
___ Repairs and maintenance (not improvements)
___ Supplies not in cost goods sold
___ Taxes and licenses (employer's share of FICA, state and federal unemployment tax, personal property, etc.)
___ Travel
___ Meals (subject to 50% rule and not subject separate lines)
___ Entertainment no longer deductible
___ Utilities (include cell phone, telephone, internet)
___ Wages (gross)
___ Long-term contract reporting rules
___ True lease or purchase?
___ Equipment purchases
___ Software 36-month amortization
___ Autos-lease inclusion amount
___ Federal-state depreciation differences
___ Home office expenses (see below)
___ Carryover home office expenses
___ Listed property personal use questions
___ Mileage, personal use questions
___ Disabled access credit
___ Casualty losses; Form 4684
___ Work opportunity credit; qualified veteran (Form 5884)
___ Domestic production activities deduction Form 8903
___ Small employer health care credit (Form 8941)
___ Deduction for self-employed health insurance (Schedule 1, line 27)
___ Hobby loss rules
___ Sale of all or part of business; Form 8594
___ Abandonment of assets
___ At-risk rules ( Form 6198); passive activity rules

Depreciation (see Depreciation Checklist


Schedule SE

Schedule SE
___ Self-employment income tax--Sole proprietors, LLC members, partners
___ Long-form if FICA also withheld from paycheck
___ Employed and self-employed limit

Schedule E

Schedule E

Rental Activity (Pub. 527)
___ Required to file 1099s?
___ Rental income
___ Royalty income
___ Rental for 14 days or less
___ Main home, second, full rental
___ Type of property; single family residence, multi-family, etc. rental to related business (self-rental); see instructions for codes
___ Days rented/available for rent/personal use
___ Days spent working on property
___ Property disposed of during year
___ Income; 1099-MISC; 1099-K
___ Real estate professional; material participation
___ Grouping
___ Active participation requirement
___ Nonpassive activity?
___ Qualified joint venture (QJV)
___ Amount at risk
___ Passive loss carryforwards--breakdown by type and pre- post-1/1/2018
___ Income; 1099-MISC; 1099-K; canceled debt on 1099-C
___ Gross rent-expenses paid by tenant
___ Rental of portion of home
___ Advertising
___ Commissions
___ Auto/Form 4562/recordkeeping
___ Travel including auto (standard mileage or actual)
___ Cleaning
___ Legal and professional
___ Insurance
___ Management fees
___ Association fees
___ Mortgage interest (including points)
___ Non-mortgage interest
___ Grounds maintenance
___ Property taxes
___ Other taxes including personal property, employee FICA
___ Utilities
___ Supplies
___ Repairs and maintenance
___ Net lease
___ Treatment of leasing costs; cancellation of lease
___ Depreciation (27.5 yr. residential rental/39-yr nonresidential/5-yr carpets, appliances, furniture/7-yr office furniture) (Form 4562)
___ Passive activity loss limitation/Form 8582
___ At risk limitation
___ Vacation home limitations
___ Vacation home expense carryforward
___ Annual elections--de minimis safe harbor; safe harbor election for small taxpayers
___ Qualified business income deduction? (see Rev. Proc. 2018-59 and Rev. Proc. 2019-11

S Corporations, Partnerships, Trusts
___ Reporting loss, receive distribution, loan repayment, dispose of stock, from S corporation basis computation must be attached.
___ Amount at risk (Form 6198)
___ Passive/Nonpassive/limitation on losses (Form 8582)
___ Material participation rules
___ Passive loss carryforwards
___ Basis, at-risk loss limitation/carryforward
___ Repayment of debt to shareholder rules
___ Activity grouping
___ Separately stated items/income/credits
___ Interest expense to carry investment
___ Section 179 deduction
___ LLC-partnership (multiple member) or Schedule C (single member)
___ Basis
___ Treatment of interest on debt-financed distributions from S corporations, LLCs, etc.
___ Separately stated activities
___ Taxability of distributions-nontaxable, ordinary income, capital gain, dividend
___ Loans to/from business
___ Trust-list
___ Qualified business income deduction
___ Reconciliation for farming and fishing income and for real estate professionals

Alternative Minimum Tax

Form 6251
___ Deduction for taxes; standard deduction
___ Tax refunds
___ Depreciation adjustment (+/-) Schedule C, S corporation, partnership, etc.
___ Other adjustments from S corporations, partnerships, trusts
___ Exercise of incentive stock options
___ Depletion
___ NOL deduction adjustment
___ Private activity bond interest
___ Long-term contracts (business)
___ Passthroughs from S corp./Partnerships
___ Passive activity differences regular vs. AMT
___ Sale of asset AMT vs. regular basis
___ Excludable gain from qualified small business stock
___ Incentive stock options
___ Long-term contracts adjustment
___ Intangible drilling costs
___ Credit for prior year minimum tax (Form 8801)

Net Investment Income Tax

Form 8960
___ $125,000 (married, separate)/$200,000 (single, head of household)/$250,000 (married, joint) modified adjusted gross income threshold
___ Interest, dividends
___ Annuities from nonqualified plans (distribution code "D")
___ Net income from rental real estate, royalties, partnerships, S corporations, trusts (passive activities)
___ Adjustment for nonpassive income
___ Disposition of entire interest in passive activity
___ Grouping of passive activities
___ Net gain or loss from disposition of property
___ Net gain or loss from disposition of property not subject to net investment income tax
___ Required statements
___ Deferred recognition sales (installment sales and private annuities)
___ Distributions from estates and trusts
___ Sec. 1411 net operating loss (NOL)
___ Self-charged interest
___ Form 1065/1120S/1041 Schedule K-1 modifications
___ Form 8814 election (child's investment income)
___ Investment expenses allocable to investment income
___ State/local/foreign income taxes allocable to investment income
___ Miscellaneous investment expenses
___ Casualty and theft losses, Part I, line 7
___ Additional modifications

Additional Medicare Tax

Form 8959
___ Multiple W-2s
___ Filing threshold $125,000 (married, separate)/$200,000 (single, head of household)/$250,000 (married, joint)

Employee Business Expenses

Form 2106
___ BEGINNING IN 2018 ONLY APPLIES TO Armed Forces reservists, qualified performing artistys, fee-basis state or local government official and disabled employee
___ For employees with job-related business expenses
___ Parking fees, tolls, and local transportation
___ Travel expenses away from home (Pub. 463)
___ Meals and entertainment expenses
___ Business gifts ($25)
___ Education
___ Home office expenses
___ Trade publications
___ Depreciation not vehicle
___ Reimbursements other than meals and entertainment
___ Reimbursements meals and entertainment
___ Qualified performing artist/National Guard/Reserve members
___ Vehicle information
___ Evidence to support deduction, written

Home Office

Form 8829
___ BEGINNING IN 2018 ONLY APPLIES TO sole proprietors and qualified performing artists, and certain other taxpayers. See Form 2106.
___ Area exclusively for business
___ Simplified method ($5 per square foot; limit $1,500)
___ Multiple business, multiple forms
___ Principal place of business/inventory storage/no other fixed location
___ Separate structure
___ Daycare rules
___ Mortgage interest
___ Real estate taxes
___ Mortgage insurance
___ Insurance
___ Rent
___ Repairs and maintenance
___ Utilities
___ Direct vs. Indirect expenses
___ Carryover operating expenses, casualty losses and depreciation
___ Depreciation of home and improvements
___ Basis in home (first year of use; value of land)
___ Depreciation recapture on sale
___ Special rules daycare providers

Moving Expenses

Form 3903
Pub. 521
Detailed checklist at Moving Expense Checklist

Underpayment Penalty

Form 2210
___ Annualization of income method
___ $1,000 threshold for underpayment ___ 90% exemption (Notice 2019-11)
___ Disaster area status
___ Equal or unequal payments
___ Withholding based on actual dates
___ Waiver request options
___ Farmer/fisherman exceptions

Child and Dependent Care Expenses

Form 2441
Pub. 503
___ Provider information-name, address, ID, amount paid
___ Paid to allow employment
___ Qualifying expenses
___ Age under 13
___ Dependent care benefits received
___ Disabled spouse/relative
Additional Detailed Checklist at Child and Dependent Care Checklist

Energy Credits

Form 5695
___ Furnace, hot water heater, blower motor, air conditioner
___ Solar electric, wind power, solar water heating, geothermal
___ Energy efficiency improvements
___ Lifetime limits
___ IRS Publication 17

Home Sale

Pub. 523
___ $250,000/$500,000 gain-2 out of 5 requirement
___ Other gain excluded within 2 years; special circumstances
___ New/former spouse rules
___ Sale for employment, health, etc. reasons
___ Business or rental use of residence post May 6, 1997
___ Sale on installment basis
___ Purchase price of home sold-less postponed gain on prior home
___ Additions to basis include improvements, settlement fees and closing costs on purchase (Home Improvement Checklist
___ Commissions and selling expenses
___ Acquired in like-kind exchange
___ Report on Form 8949
___ Points remaining on mortgage
___ Deceased spouse, special rule

List of Forms 1099 and 1098

___ 1095-A Health Insurance Marketplace Statement
___ 1098 Mortgage Interest Statement (interest paid)
___ 1098-C Contributions of Motor Vehicles, Boats, and Airplanes
___ 1098-E Student Loan Interest (paid)
___ 1098-T Tuition Statement (paid)
___ 1099-B Proceeds From Broker and Barter Exchange Transactions
___ 1099-C Cancellation of Debt (income)
___ 1099-CAP Changes in Corporate Control and Capital Structure
___ 1099-DIV Dividends and Distributions (dividends received)
___ 1099-G Certain Goverment Payments (unemployment compensation, state and local refunds, taxable grants
___ 1099-INT Interest Income (interest received)
___ 1099-K Merchant Card Third-Party Network Payments
___ 1099-LTC Long-Term Care and Accelerated Death Benefits
___ 1099-MA Mortgage Assistance Payments
___ 1099-MISC Miscellaneous Income (generally nonemployee compensation, rents, and royalties)
___ 1099-OID Original Issue Discount
___ 1099-PATR Taxable Distributions Received From Cooperatives
___ 1099-Q Payments from Qualified Education Programs (e.g., 529 plans)
___ 1099-R Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts
___ 1099-S Proceeds from Real Estate Transactions
___ 1099-SA Distributions from an HSA, Archer MSA, or Medicare Advantage MSA
___ 3921 Exercise of Incentive Stock Options
___ 3922 Transfer of Stock Acquired Through and Employee Stock Purchase Plan
___ 5498 IRA Contribution Information
___ 5498-ESA Coverdell ESA Contribution Information
___ 5498-SA HSA, Archer MSA, or Medicare Advantage MSA Information (contributions to)


Copyright 2020 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. Articles in this publication are not intended to be used, and cannot be used, for the purpose of avoiding accuracy-related penalties that may be imposed on a taxpayer. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources.--ISSN 1089-1536

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--Last Update 02/22/20